Source: Fox News
“Amid Harvard’s battle with the Trump administration, which has already pulled billions in federal funding from the university and floated taking even more, fiscal watchdog OpenTheBooks decided to take a peek at how much money the top-tier Ivy League school actually stands to lose. Harvard has received at least $4.4 billion in federal funding through grants, contracts, sub-grants and subcontracts since the first Trump administration in 2017, the watchdog found through open-source analysis of government spending records and other publicly available data. Meanwhile, based on these numbers, Harvard collected more in federal grants and contracts than they stood to gain through tuition, room and board in any given year. OpenTheBooks also unearthed that Harvard’s $53.2 billion endowment has grown by $14 billion, or $2 billion annually, since 2018. In total, the top-tier Ivy League school has more than $7 million per undergraduate student, the watchdog’s report indicated.” (04/24/25)